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Siemens'net income more than halved in April-June
Net income of Siemens dropped by 53 percent to 535 million euros (634 million U.S. dollars) in the third quarter (Q3) of its current fiscal year.
HK's MTR reports 43.1-mln-USD net loss for 1st half of 2020
The company saw a net loss of 334 million Hong Kong dollars (around 43.1 million U.S. dollars) for the first half of 2020.
BYD new-energy vehicle sales slump
The company sold a total of 75,777 NEVs in the Jan.-July period, down by 53.29 percent from the same period last year.
Chinese chipmaker sees record sales revenue in Q2
Semiconductor Manufacturing International Corporation (SMIC) sales revenue in the second quarter reached a record high of 938.5 million U.S. dollars.
Adidas records net loss of 306 mln euros in Q2
Adidas recorded a net loss from continuing operations of 306 million euros (363 million U.S. dollars) in the second quarter of 2020 (Q2).
Toyota forecasts 64-pct drop in FY 2020 net profit
Toyota Motor Corp. said Thursday it expects its net profit to drop 64.1 percent to 730 billion yen in the current business year starting in April.
Mercedes-Benz, CATL expand partnership for future battery technologies
Mercedes-Benz and Contemporary Amperex Technology Co. Limited (CATL) will expand their partnership to develop future battery technologies.
Continental records net loss of 741.1 mln euros in Q2
German automotive supplier Continental recorded a net loss of 741.1 million euros (878 million U.S. dollars) in the second quarter of 2020 (Q2).
Net profit of German carmaker BMW plummets more than 80 pct in H1
Net profit of BMW Group plummeted 82.5 percent year-on-year to 362 million euros during the first half (H1) of the current financial year.
Germany's KION partners with Chinese robotics company Quicktron
German truck giant KION Group has entered a strategic partnership with Quicktron, a Chinese robotics company offering automated warehouse solutions.
Germany's Commerzbank expects net loss for 2020
Commerzbank, Germany's second largest commercial bank, expects a net loss in 2020 after posting a 21-percent drop in net profit in the second quarter.
Microsoft aims to achieve ＂zero waste＂ goals by 2030
Microsoft Corp. on Tuesday announced the goal to achieve "zero waste" for the company's direct operations, products and packaging by 2030.
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